DiMaio John Michael 4
4 · Spectral AI, Inc. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
Spectral AI (MDAI) Director John DiMaio Receives 7,619 Shares
What Happened
John Michael DiMaio, a director of Spectral AI, Inc. (MDAI), reported an acquisition (grant/award) of 7,619 shares on March 27, 2026. The filing shows a weighted average price of $1.58 per share for a total value of approximately $12,038. This was an acquisition (award/grant), not a sale.
Key Details
- Transaction date: March 27, 2026
- Shares acquired: 7,619 at a weighted average price of $1.58; total ≈ $12,038 (footnote F1 notes this price is a weighted average across multiple transactions).
- Shares owned after transaction: Not specified in this filing.
- Notable footnotes:
- F1: Price shown is a weighted average; purchases occurred in multiple transactions; reporter will provide breakdown on request.
- F2–F4: Related vesting notes for stock options (e.g., 100% vested on issuance or as of date hereof; 100,000 options vest monthly over 12 months starting 4/23/2025; 150,000 vest on milestones).
- Filing timeliness: Filed April 7, 2026 for a March 27, 2026 transaction — more than the typical 2-business-day window for Form 4s; this appears to be a late filing.
Context
An "A" code (grant/award/other acquisition) typically reflects compensation or a grant of restricted shares rather than an open-market purchase. The filing shows no immediate sale of the acquired shares. The vesting footnotes indicate there are related option grants and vesting schedules reported alongside this filing; these affect when the insider actually gains full rights to certain equity. This summary is factual and does not infer motivation behind the award.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-27$1.58/sh+7,619$12,038→ 2,511,227 total
- 5,292
ISO
[F2]Exercise: $1.67Exp: 2034-05-15→ Common Stock (5,292 underlying) - 20,352
ISO
[F3]Exercise: $1.67Exp: 2034-05-15→ Common Stock (20,352 underlying) - 250,000
NQSO
[F4]Exercise: $1.25Exp: 2035-04-23→ Common Stock (250,000 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]100% of the stock options vested on the date of issuance.
- [F3]100% of the stock options were vested as if the date hereof.
- [F4]100,000 of the stock options vest monthly over a 12-month period beginning on April 23, 2025. The remaining 150,000 stock options vest upon the achievement of certain milestones.